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[TREND / KNOWLEDGE]

Tax & Accounting Issues in Korea’s Publishing Industry

Tax & Accounting Issues in Korea’s Publishing Industry   2021.02.08       Recent trend in the Korean publishing market   Looking at the overall trend in the history of the Korean publishing market, paper books had been taking the center for a long time. However, e-books or the “e-book market” emerged, and today, publishers are having a greater interest in exporting copyrights of publications. This phenomenon has led to reduced demand for physical facilities, spurring the establishment of single-person publishers and small-sized publishing companies. This article covers tax and accounting issues related to the publishing industry in Korea.     Tax structure related to publishing in Korea   The types of tax imposed on publishers running a business in Korea are as follows:   1. Value-Added Tax (VAT) Publishing companies are primarily VAT-exempt business entities. However, more publishers are expanding their business to selling products ...
  • VOL.31 / 2021.02
[TREND / KNOWLEDGE]

Overseas Publication Grants

Overseas Publication Grants Grants Awarded in 2020   2021.01.04   The Publication Industry Promotion Agency of Korea (KPIPA) has carried out the 〈Overseas Publication Grants 2020〉 to promote overseas advancement of Korean publications. The 〈Overseas Publication Grants 2020〉 has provided partial grants to overseas publishers who have published or are planning to publish Korean content under contract with Korean publishers. Criteria for assessment were quality of contents, marketability, and ability of the publisher. Different amounts of grants will be provided depending on the region (Europe, US, UK, China, Japan, etc.). Following is the grant-winning work of the 〈Overseas Publication Grants 2020〉.   Coming Home Alone? Writer| Sky KimIllustrator | Jeong Soon HeePublisher | Sakyejul Publishing Ltd.Genre | Children’s bookTranslated Language | Traditional ChineseAwarded Publisher | Alvita Publishing Co., LtdISBN | 9789579125628 &...
  • VOL.30 / 2021.01
[INFORMATION / AGENCY LIST]

Agency list

Agency List   Agency list   2024.09.02   Abba Communication Ltd.   Launched as a translation and interpretation agency in 204, Abba Communication (Abba here after) now also acts as a copyright agency. Abba supports young Korean publishers who are aspiring to build experiences in moving on to the international market, providing consultation on the way until they become global. Abba’s special forte is its excellent professional team with expertise in re-writing and/or editing synopses and introductions into texts both competitive and persuasive. Other services Abba provides include translating original materials and creating promotional texts.   Focused Subjects  LiberalArts : Biography, Management, Negotiation   Contacts ? Kim jungsukE-mail : jskim@abbacomm.co.kr / Phone : +82-2-707-2103 / Regions : Asia, UK, USA ? Han-gyul GoE-mail : abba@abbacomm.co.kr / Phone : +82-2-707-21...
  • VOL.74 / 2024.09
[TREND / KNOWLEDGE]

Current status of each field in the Korean publishing market ⑪ Educational Publications (textbooks/reference books/home-study materials)

Current status of each field in the Korean publishing market ⑪ Educational Publications (textbooks/reference books/home-study materials)   2020.12.07       This volume will discuss the publishing industry's status in Korea related to schools' educational curriculums (curricula) from elementary to high school. In schools' academic curriculums, textbooks are designated as the basic material, and reference books and home-study materials are used as much as textbooks as customized media to raise students' level in learning. Educational publications for students in elementary, middle, and high schools in Korea, globally known for its high passion for education, have been the central foundation for general education in Korea. Furthermore, they take an overwhelming proportion in the publishing market, implying that they are also beginning to take the center of bookstore operations.According to the Korean Educational Statistics Service (KEDI) of the Korean gover...
  • VOL.29 / 2020.12
[TREND / KNOWLEDGE]

Current status of each field in the Korean publishing market ⑩ Publication of Exam and College Books

Current status of each field in the Korean publishing market ⑩ Publication of Exam and College Books   2020.11.02       College students mainly seek exam and college books. As those books are for taking classes and getting a job, their demand is relatively stable. This is why there are several publishers that mainly publish books in these areas. According to the publications statistics announced by the Publication Industry Promotion Agency of Korea (KPIPA) in 2019, about 6.1% of the entire Korean publishers (16th among a total of 30 areas) produce exam books (for jobs, licenses, national exams, etc.), and 13.6% produced college books (4th among a total of 30 areas).Unlike the college book market which is in a downward trend, exam books for tests and company applications are witnessing a rise in both sales and the number of copies sold for the past 3 years. According to the sales statistics announced by Kyobo Bookstore - one of the representative on - and offline ...
  • VOL.28 / 2020.11
[TREND / KNOWLEDGE]

K-Book Copyright Fair Online

K-Book Copyright Fair Online Korean Books join the global market through an online fair amidst the coronavirus pandemic   2020.11.02       The Ministry of Culture, Sports, and Tourism and the Publication Industry Promotion Agency of Korea (KFIFA) are hosting the “K-Book Copyright Fair Online” from August 25th to December 11th at RYSE Autograph Collection Studio B (Yanghwa-ro, Mapo-gu) in Seoul.     Comprehensive support from finding overseas publishers to consultations and follow-up contract management   The Seoul Publishing Rights Fair where overseas publishers visit Korea and have business meetings over the copyright export of Korean books with Korean publishers (first held in 2018) is hosted this year with the name “K-Book Copyright Fair Online” to help the industry overcome the unprecedented COVID-19 crisis and seek export opportunities in the new publishing environment. To minimize the pressure on Korean publishers and to maximize export out...
  • VOL.28 / 2020.11
[INFORMATION / BEST SELLERS]

2nd Week, July 2024

Best Sellers   2nd Week, July 2024 Best seller Trends in the Four Biggest Online Bookstores in Korea   2024.08.05   It’s July, which means the rainy season has begun in Korea. As people spend more time indoors than out due to the heavy rains, books to organize their thoughts, books to read for relaxation, and textbooks to prepare for various exams topped the best seller lists. In terms of genres, the humanities and young adult sectors were dominant, signaling a trend influenced by vacations and school breaks.Despite all this, the No. 1 best seller was A Very Personal Thought on His Destiny by Rhyu Si-Min, featuring the author’s sharp observations as a political critic. Although it deals with a rather sensitive topic, it offers a deep and wide view of the contexts beyond the status quo, demonstrating the high level of political criticism that has reached its essence. The No. 2 and No. 8 on the best seller list were books for young adults. At No. ...
  • VOL.73 / 2024.08
[INFORMATION / #K-BOOK]

#Sea

#K-Book   #Sea KPIPA Introduces K-Books for Global Publishing Markets through K-Book Platform 2024.08.05   A MARITIME HISTORY 1. Publication Details   Title | A MARITIME HISTORYSubtitle | Humanity’s Great JourneyAuthor | Jou KyungChulPublisher | Humanist Publishing Group Inc.Publication Date | 2022-01-24ISBN | 9791160807844No. of pages | 976Dimensions | 140 * 210   2. Book Intro   Reinterpreting the entire human journey from prehistoric times to the near future from the perspective of the sea, this book reveals aspects of human history that cannot be covered from the point of view of continental civilization alone. It infinitely expands our landlocked gaze through the understanding of “maritime mankind” who spread out over the sea, lived by the sea, and fought on the sea.History so far has focused too much on continental and agricultural civilizations. Was the ocean, which covers 71% of the Earth’s surface...
  • VOL.73 / 2024.08
[INFORMATION / INFO]

Asian Publishers Week 2024 in Seoul!

Info   Asian Publishers Week 2024 in Seoul!   2024.08.05       We invite you to join us for Asian Publishers Week 2024 in Seoul! Asian Publishers Week brings together Asian publishers to discuss the present and future of the publishing industry with special topic of the year.   2024 Asian Publishers Week   ?  Topic:  What book will come to the forefront in the age of content overload? ?  Schedule:  Nov. 5 (Tue), 2024 - Nov. 8 (Fri), 2024 (4 days) ?  Venues:  Seoul, Korea ?  Major Programs    -  Seminars and discussions -  Talks with Korean publishers -  Visit to Korea Publishers Society (KOPUS) -  Visit to Paju Book City and publishing companies -  Business meeti...
  • VOL.73 / 2024.08
[INFORMATION / AGENCY LIST]

Agency list

Agency List   Agency list   2024.08.05   Abba Communication Ltd.   Launched as a translation and interpretation agency in 204, Abba Communication (Abba here after) now also acts as a copyright agency. Abba supports young Korean publishers who are aspiring to build experiences in moving on to the international market, providing consultation on the way until they become global. Abba’s special forte is its excellent professional team with expertise in re-writing and/or editing synopses and introductions into texts both competitive and persuasive. Other services Abba provides include translating original materials and creating promotional texts.   Focused Subjects  LiberalArts : Biography, Management, Negotiation   Contacts ? Kim jungsukE-mail : jskim@abbacomm.co.kr / Phone : +82-2-707-2103 / Regions : Asia, UK, USA ? Han-gyul GoE-mail : abba@abbacomm.co.kr / Phone : +82-2-707...
  • VOL.73 / 2024.08
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